Answer: Option (C) is correct.
Explanation:
National Savings is divided into two parts, private savings and public savings.
Private Savings = GDP - Taxes + Transfer payments - Consumption Spending
= Y - T + TR - C
= 12 - 3 + 2 - 9
= $ 2 trillion
Public Savings = Taxes - Government Spending - Transfer payments
= 3 - 0 - 2
= $1 trillion
∴ Option (C) is correct.
Private saving = $2 trillion and public saving = $1 trillion.
Answer:
<em><u>Steps for calculating your net worth </u></em>
- List your assets.
- Total your assets.
- List your liabilities.
- Total your liabilities.
- Subtract your liabilities from your assets.
Explanation:
Net worth is calculated when knowing the value of all your assets minus the value of your total liabilities.
To make this calculation is imperative that you list assets and liabilities and totalize them to know what is the exact figures that you must use to apply the following formula:
Assets - Liabilities=Net Worth
Answer: D. A confidence interval is used to test a claim about two population proportions.
Explanation: Confident interval estimate is a type of estimate computed from statistics of observed data.
The confident interval estimate of the difference between two population proportions will use a standard deviation based on estimated values of the population proportion. The confident interval will be used to estimate the difference in the two population proportions, but it will not be used to test claim about two population proportions because it can not.
The strength of patent protection is that it D) grants a monopoly on underlying concepts and ideas.
The cost is clearly came from the national Budget. By providing welfare payments and subsidies, there will be less budget for other Government's plan.
As for the consequences, there are positive and negative consequence
Positive :
- It could improve the quality of life of the people in that country
Negative :
- There's a risk that people could rely on the welfare too much and became heavily dependent on it